21 Invest is happy to announce the investment of the fund 21 Invest Italy IV in Energreen, a leading producer of self-propelled and remote-controlled robotic machines for green maintenance.
Founded in the ’90s and based in the north-east of Italy, Energreen is a European leader of self-propelled machines equipped with telescopic arms, and remote-controlled robotic machines for professional green care and land maintenance to operate both on riverbanks and along roads and motorways.
Energreen operates in a new production plant in Poiana Maggiore (Vicenza), equipped with a photovoltaic system that produces 30% of its energy needs, and counts on a workforce of 150 employees. In 2022, the company expects €M 70 in sales, 70% of which generated abroad, mainly in the US, France and Germany.
Today the company is run by Daniele Fraron, son of the founder, who has led the company to a high level of excellence and will continue in the role of CEO in the next phase of development.
The Italian team of 21 Invest will will support the expansion of the company internationally, with a particular focus on the US market, while continuing to invest in technology and innovation with growth driven by the increasing attention to environmental care to prevent hydrogeological risks.
Alessandro Benetton, Founding Managing Partner of 21 Invest comments "Energreen is an Italian company that already boasts a leadership position at the international level. The ability to innovate with a strong focus on environmental sustainability is a fundamental starting point for 21 Invest to support Energreen in becoming a worldwide leader in its industry."
"In Energreen we firmly believe that every new challenge offers the opportunity to create a better future" comments Daniele Fraron, CEO and current shareholder of Energreen, "We are very excited to join 21 Invest. This is a further step to improve our company. We benefit from a shared entrepreneurial vision and the union of our strengths and skills will allow us to carry out an ambitious development project, while maintaining a strong tie to the local territory. "
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